Indian IT firms pay better than local companies in US

Indian IT services firms pay their staff in the United States average wage that are higher than those paid by local companies, a report by market researcher IHS Markit has showed.

Both India-based and India-centric IT firms paid $96,300 on an average in 2017 for software programmers, both local as well as H-1B visa-holders, which was nearly 2% higher than the median wage of $94,800, the report sponsored by software industry lobby group National Association of Software and Services Companies (Nasscom) showed.

An estimated 1,03,000 of the 1,70,000 workers employed by these companies in the US were in the overall computer systems design and related services industry in 2017, according to the report.